A recent report published by Infinium Global Research on brain tumor diagnosis and treatment market provides an in-depth analysis of segments and sub-segments in the global as well as regional brain tumor diagnosis and treatment market. The global brain tumor diagnosis and treatment market are projected to grow at a CAGR of 8.7% over the forecast period of 2018-2024.
Pune, India -- (SBWIRE) -- 03/24/2019 -- The Brain Tumor Diagnosis and Treatment Market's segment market shares in each geographic region are mentioned in the report, along with the historic and forecast growth rates. Each segment represented visually with supporting reasons to justify the growth rates. IGR's report also covers drivers and restraints in the brain tumor diagnosis and treatment market.
Infinium Global Research's report covers the annual growth of the Global brain tumor diagnosis and treatment market. It also includes chapters on the Global brain tumor diagnosis and treatment industry trends, geographic analysis, and competitive landscape.
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The report also includes a SWOT analysis to present the indicators of strength, weakness, prospects, and risk of the market until the completion of the projection period in 2024.
Brain Tumor Diagnosis and Treatment Market: Industry Insights
A brain tumor is the growth of abnormal cells in the skull or the brain. There are two types of brain tumors that are cancerous or malignant and benign tumors. Astrocytoma such as glioblastoma and meningioma are the most common primary types in adults. The symptoms for the tumor may include vomiting, seizures, and a problem in vision, headaches and mental changes. It can be diagnosed by medical examination by magnetic resonance imaging (MRI) scan and computed tomography (CT) scan. Treatment may include radiation therapy, surgery, and chemotherapy.
Brain Tumor Diagnosis and Treatment Market: Drivers and Restraints
Brain tumor diagnosis and treatment market is surging due to an increase in the number of the patient suffering from brain cancer or brain tumor which is the major driving factor for the market. Increase in the drug delivery system is also a driving factor for the market. Rising geriatric population across the globe tend to increase in the brain tumor diagnosis and treatment market. The treatment and diagnosis for the brain cancer and tumors are more costly and limited cancer-specific drugs are restraining the market.
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Brain Tumor Diagnosis and Treatment Market: Segmentation
Global brain tumor diagnosis and treatment market are segmented on the basis of diagnosis types, treatment type, and product type. Diagnosis types are further segmented into MRI, CT Scan, EEG, Molecular Testing and others in which CT scan holds highest market share in the global brain tumor diagnosis and treatment market because it is majorly proffered by the physicians for brain tumors as having an option of 3D imaging in multiple angles. Treatment type is bifurcated into surgery, radiation therapy, radiosurgery, chemotherapy, targeted drug therapy, and immunotherapy. Surgery is dominant in the treatment type as it the only treatment as a cure to tumors. The product type is segmented into primary brain tumor and secondary brain tumor.
Brain Tumor Diagnosis and Treatment Market: Regional Insights
Global Brain Tumor Diagnosis and Treatment market are segmented regionally into North America, Europe, Asia-Pacific and Rest of World (RoW). North America holds the highest market in the Global Brain Tumor Diagnosis and Treatment Market as the technological advancement and number of patients suffering from tumors are in North America. In North America, the U.S. dominates the market followed by Canada and Mexico. Europe is expected to grow with the highest CAGR during 2018-2025, as growing elderly population and government taking initiative in healthcare among the society which is a major factor for growing the Europe region in the coming years.
Brain Tumor Diagnosis and Treatment Market: Competitive Analysis
The Global Brain Tumor Diagnosis and Treatment Market comprise with the major players, GE Healthcare, Merck & Co., Inc., AstraZeneca, Carestream Health, Philips Healthcare, Siemens Healthcare Private Limited, Shimadzu Corporation, Hitachi Medical Systems, Pfizer, Inc., and Toshiba Medical Systems. Product innovation and acquisitions & mergers are the key parameters to remain competitive and to gain greater market share.
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